0P6N.L vs. SPY
Compare and contrast key facts about Volkswagen AG (0P6N.L) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0P6N.L or SPY.
Key characteristics
| 0P6N.L | SPY | |
|---|---|---|
| YTD Return | -10.26% | 19.22% |
| 1Y Return | -14.46% | 28.25% |
| 3Y Return (Ann) | -21.41% | 9.99% |
| 5Y Return (Ann) | -3.20% | 15.19% |
| 10Y Return (Ann) | -1.47% | 12.84% |
| Sharpe Ratio | -0.66 | 2.25 |
| Daily Std Dev | 25.46% | 12.59% |
| Max Drawdown | -87.70% | -55.19% |
| Current Drawdown | -66.71% | -0.32% |
Correlation
The correlation between 0P6N.L and SPY is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
0P6N.L vs. SPY - Performance Comparison
In the year-to-date period, 0P6N.L achieves a -10.26% return, which is significantly lower than SPY's 19.22% return. Over the past 10 years, 0P6N.L has underperformed SPY with an annualized return of -1.47%, while SPY has yielded a comparatively higher 12.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
0P6N.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volkswagen AG (0P6N.L) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
0P6N.L vs. SPY - Dividend Comparison
0P6N.L's dividend yield for the trailing twelve months is around 9.14%, more than SPY's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0P6N.L Volkswagen AG | 9.14% | 7.41% | 17.95% | 1.85% | 2.80% | 2.76% | 2.81% | 1.18% | 0.08% | 3.37% | 2.22% | 1.77% |
SPY SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
0P6N.L vs. SPY - Drawdown Comparison
The maximum 0P6N.L drawdown since its inception was -87.70%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for 0P6N.L and SPY. For additional features, visit the drawdowns tool.
Volatility
0P6N.L vs. SPY - Volatility Comparison
Volkswagen AG (0P6N.L) has a higher volatility of 8.49% compared to SPDR S&P 500 ETF (SPY) at 3.83%. This indicates that 0P6N.L's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.